For example, the valuation method is different, and banks lend on it differently. 

Truthfully, I loved QB, but I am an accountant by trade.

A global trade war is seen as the biggest observable risk for 2025, followed by a tech stock plunge and concerns over inflation and bond yields14.

PS5, TV and two gamer chairs is about the same cost or less than an arcade unit Any extra concerns or methods you take to make sure your gaming system does not get broken? 

So while I greatly appreciate all the different methods of making money with real estate and even more impressed with all the hustlers that grind here in this community, I just need properties that I can get at a good deal that cash flow and appreciate while minimizing the trouble commonly associated with real estate. 

I jumped into real estate doing the BRRRR method, understanding that holding property will allow me to build generational wealth, but then learning that landlord income is not the best way to feed your family.

If you offer more $ for the property than the all cash offers AND you appear to the seller to be highly qualified in the method you are using for sourcing the payment, at some point your offer will be more appealing than the all cash offers.I don't understand why you would consider a 1031 for another property in two years. 

Any recommendation for the first steps I should take if I want to purchase my first rental property using the BRRRR method (or flipping).

But, to normalize, the 10-year will eventually trade at a 100-150 bps spread to the FFR.

And then you can use that information to start to develop your own personal due diligence method: Crowdstreet.com, 1031 Crowdfunding, Akr7, Finresi etc.